Concord Energy DMCC
1. Identify and eliminate unnecessary risks.
2. Quantify residual risks in terms of cost.
3. Address residual risks with calibrated tools. Key risk elements include:- Mitigating counterparty, credit, and fraud risks with strict due diligence.
- Managing regulatory risks with compliance.
- Hedging pricing and forex risks with financial tools.
- Covering transport and logistics risks with insurance.
- Addressing geopolitical risks with regional understanding and insurance.
- Reducing financial crunch risks with disciplined treasury management.
Identify, grasp, assess & manage the risks
Concord Energy DMCC is involved in all key stages of the global oil and gas trading supply chain: sourcing, transport, storage, blending, and distribution. Our stability depends on effective risk management guided by the annually reviewed Concord Energy DMCC Risk Policy, covering credit, financial, jurisdictional, operational, and market risks.
Each transaction undergoes a three-step risk assessment:1. Identify and eliminate unnecessary risks.
2. Quantify residual risks in terms of cost.
3. Address residual risks with calibrated tools. Key risk elements include:- Mitigating counterparty, credit, and fraud risks with strict due diligence.
- Managing regulatory risks with compliance.
- Hedging pricing and forex risks with financial tools.
- Covering transport and logistics risks with insurance.
- Addressing geopolitical risks with regional understanding and insurance.
- Reducing financial crunch risks with disciplined treasury management.